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NEW DELHI: The Nifty IT index traded negative around 11:00AM(IST)on Thursday in a weak market.

Tata Consultancy(up 0.41 per cent), HCL Technologies(up 0.27 per cent), L&T Technology(up 0.21 per cent), Tech Mahindra(up 0.07 per cent) and Mindtree(up 0.01 per cent) were among the top gainers.

MPhasis(down 1.73 per cent), Coforge(down 1.17 per cent), Infosys(down 0.66 per cent), Wipro(down 0.36 per cent) and Larsen & Toubro Infotech(down 0.09 per cent) were the top losers on the index.

The Nifty IT index was down 0.18 per cent at 29995.65 at the time of writing this report.

Benchmark NSE Nifty50 index was down 306.0 points at 15861.1, while the BSE Sensex was down 965.29 points at 53123.1.

Among the 50 stocks in the Nifty index, 3 were trading in the green, while 47 were in the red.

Shares of PNB,

,

,

and

Ltd. were among the most traded shares on the NSE.

Shares of Empyrean Cashews Ltd.,

, Vaxtex Cotfab,

and Raj Rayon hit their fresh 52-week highs in today’s trade, while PNB,

,

,

and Dishman Carbogen hit fresh 52-week lows in trade.